Sheida Bahramirad

Iran March-May Petchem Output up 6% Y/Y

The director of production control at the National Petrochemical Company said: From the beginning of this [calendar] year (March 20) to May 10, the country’s petrochemical complexes achieved a 6% increase in production compared to the same period last year. According to NPC, Seyed Jalal Mir Hashemi, referring to the …

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What Negative Price Meant

On 20 April 2020, West Texas Intermediate (WTI) futures experienced unprecedented developments. WTI contract prices for delivery in May dropped to below zero.

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Doroud, Arvand Oil Fields Up for Investment

The Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts – the Iran Petroleum Contract (IPC).

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